Regus Business Tracker finds businesses are recruiting

Businesses across the globe are now looking to hire new staff, in one of the first signs that global economic recovery and growth is on a sustainable upward trajectory, according to the bi-annual Regus Business Tracker. The survey interviews more than...

Businesses across the globe are now looking to hire new staff, in one of the first signs that global economic recovery and growth is on a sustainable upward trajectory, according to the bi-annual Regus Business Tracker.

The survey interviews more than 10,000 businesses around the world. Companies looking to hire additional staff will be seen as a significant indicator that the mindset of organisations has shifted towards investment in growth through human capital. Over a third of companies (36 per cent) surveyed said they intend to increase headcount.

These findings are particularly significant, coming in the wake of recent IMF and ILO observations that global unemployment has reached record proportions in the past three years (up to 210 million since 2007). These organisations have warned about potential problems for national economies if this trend continues.

Unemployment reduces national taxation income and increases public spending. The findings of the Regus Business Tracker provide important evidence that the world unemployment situation may be set to ease in 2011.

Over 800,000 customers a day benefit from Regus facilities spread across a global footprint of 1,100 locations in 500 cities and 85 countries. Regus Malta is based in Swatar.

The survey sought the opinions of 10,000 senior business people in 78 countries asking them about their current revenue performance, their profitability, their projected future revenues and wider expectations of national economic growth.

These indicators form the basis for the report’s Business Optimism Index, which unusually reflects actual performance as well as near-term outlook. Globally, this edition of the index revealed a far more positive outlook, with a greater proportion of optimist countries than six months ago.

This October the global index revealed a bullish rating of 98, up 4 points on six months ago.

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